Peter Thiel Considered Quotations

'Perfect competition' is considered both the ideal and the default state in Economics 101. So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand.

The best start-ups might be considered slightly less extreme kinds of cults. The biggest difference is that cults tend to be fanatically wrong about something important. People at a successful start-up are fanatically right about something those outside it have missed.

I had a good experience in college, but I don't think interdisciplinary education is something that's stressed very much at all. It's generally considered to be something of a bad idea.